In arriving at effective capital gains tax rates, the Global Property Guide makes the following assumptions:
The property is directly and jointly owned by husband and wife;
They have owned it for 10 years;
It is their only source of capital gains in the country
It has appreciated in value by 100% over the 10 years to sale
The property was worth US$250,000 or 250,000 at purchase.
It is not their sole or principal residence.
These assumptions are critical. In many countries a holding period of less than 5 years results in capital gains being taxable. But a longer holding period often results in no capital gains tax being payable. For more details see the Data FAQ Source: Global Property Guide Research, Contributing Accounting Firms
